NetApp, Inc. (NTAP) — Financial statements
Income statement, balance sheet, and cash flow for NetApp, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,925↑5.4% | 6,572↑4.9% | 6,268↓1.5% | 6,362↑0.7% | 6,318 | |
| Cost of Revenue | 2,026↑3.4% | 1,959↑6.8% | 1,835↓14.8% | 2,153↑2.6% | 2,098 | |
| Gross Profit | 4,899↑6.2% | 4,613↑4.1% | 4,433↑5.3% | 4,209↓0.3% | 4,220 | |
| Operating Expenses | ||||||
| R&D Expenses | 991↓2.1% | 1,012↓1.7% | 1,029↑7.6% | 956↑8.5% | 881 | |
| General & Administrative Expenses | 344↑10.6% | 311↑1.0% | 308↑16.2% | 265↓5.0% | 279 | |
| Selling & Marketing Expenses | 1,869↑0.2% | 1,865↑2.0% | 1,828↓0.1% | 1,829↓1.5% | 1,857 | |
| SG&A Expenses | 2,213↑1.7% | 2,176↑1.9% | 2,136↑2.0% | 2,094↓2.0% | 2,136 | |
| Other Expenses | 24↓72.7% | 88↑63.0% | 54↓61.7% | 141↑206.5% | 46 | |
| Operating Expenses | 3,228↓1.5% | 3,276↑1.8% | 3,219↑0.9% | 3,191↑4.2% | 3,063 | |
| Total Costs & Expenses | 5,254↑0.4% | 5,235↑3.6% | 5,054↓5.4% | 5,344↑3.5% | 5,161 | |
| Operating Results | ||||||
| Operating Income | 1,671↑25.0% | 1,337↑10.1% | 1,214↑19.3% | 1,018↓12.0% | 1,157 | |
| Depreciation & Amortization | 0.00↓100.0% | 243↓4.7% | 255↓15.3% | 301↑55.2% | 194 | |
| EBITDA | 1,729↑2.3% | 1,690↑6.8% | 1,582↑10.3% | 1,434↑5.1% | 1,364 | |
| EBIT | 1,729↑19.5% | 1,447↑9.0% | 1,327↑17.1% | 1,133↓3.0% | 1,168 | |
| Interest & Other Income | ||||||
| Net Interest Income | 7↓85.4% | 48↑0.0% | 48↑2300.0% | 2↑103.0% | -66 | |
| Interest Income | 88↓21.4% | 112↑0.0% | 112↑62.3% | 69↑885.7% | 7 | |
| Interest Expense | 81↑26.6% | 64↑0.0% | 64↓4.5% | 67↓8.2% | 73 | |
| Non-Operating Income | -58↑47.3% | -110↑2.7% | -113↑1.7% | -115↓945.5% | -11 | |
| Other Income / Expenses | -23↓150.0% | 46↓6.1% | 49↑2.1% | 48↑177.4% | -62 | |
| Income Before Tax | 1,648↑19.2% | 1,383↑9.5% | 1,263↑18.5% | 1,066↓2.6% | 1,095 | |
| Income Tax Expense | 372↑88.8% | 197↓28.9% | 277↑233.2% | -208↓231.6% | 158 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,276↑7.6% | 1,186↑20.3% | 986↓22.6% | 1,274↑36.0% | 937 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,276↑7.6% | 1,186↑20.3% | 986↓22.6% | 1,274↑36.0% | 937 | |
| Bottom-Line Net Income | 1,276↑7.6% | 1,186↑20.3% | 986↓22.6% | 1,274↑36.0% | 937 | |
| EPS (Basic) | 6.43↑10.7% | 5.81↑22.6% | 4.74↓19.3% | 5.87↑39.8% | 4.20 | |
| EPS (Diluted) | 6.36↑12.2% | 5.67↑22.5% | 4.63↓20.0% | 5.79↑41.6% | 4.09 | |
| Weighted Average Shares | 197↓3.4% | 204↓1.9% | 208↓4.1% | 217↓2.7% | 223 | |
| Weighted Average Diluted Shares | 199↓4.8% | 209↓1.9% | 213↓3.2% | 220↓3.9% | 229 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.